ALL THE NEWS
Sandfire signs first copper concentrate contract
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Sandfire Resources has signed the first sales contract for copper concentrate to be produced from its 100 per cent-owned DeGrussa Copper-Gold Mine in Western Australia, marking another key milestone ahead of the start of plant commissioning later this quarter. Sandfire is aiming to finalise product sales agreements with four concentrate customers for […]
Talisman confirms VMS mineralising at Halloween
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Talisman Mining has announced that initial results from recently completed diamond drilling at its Halloween Project, located 11.5 kilometres south-west of the high-grade DeGrussa VMS Copper Project in WA, have provided strong evidence of the presence of a VMS mineralising system. The drilling results have returned a series of significant high-grade gold, […]
Canyon discovers parallel structure on Tao project
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Canyon Resources has announced initial auger soil sampling and RAB (Rotary Air Blast) drilling results from exploration conducted on the Tao Project. Initial results from the programs, extensions of the previously announced 3.1 kilometre strike on the Tondoby Prospect, have indicated that the mineralisation extends to over 12 kilometres and remains open […]
Exploration success for Senex
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Senex Energy, as operator of the PEL 111 joint venture, advised the Australian Securities Exchange today that the Mustang-1 oil exploration well has discovered a new oil field on the western flank of the Cooper Basin, South Australia. According to Senex’s ASX release, the new oil field is an excellent quality reservoir […]
Toro confirms high-grade uranium at Theseus
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Toro Energy has announced the completion of the recent drilling program at its 100 per cent-owned Theseus Uranium Project in Western Australia. Theseus is developing into a major uranium discovery, potentially mineable with low cost In-Situ Recovery (“ISR”) technology. In 2012, a total of 122 mud rotary holes were completed for approximately […]
Blackthorn to increase capacity at Perkoa
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Blackthorn Resources has announced a US$40 million, 40 per cent expansion at its Perkoa Joint Venture Zinc Project with Glencore International, in Burkina Faso, West Africa. In 2011 Blackthorn received an investment proposal from joint venture partner Glencore (50.1per cent) to enhance the business case for the Perkoa Joint Venture Project, […]
Winmar intersects high-grade iron at Hamersley
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Iron ore exploration company Winmar Resources announced Monday, July 16th that it has intersected high grade iron mineralisation from assay results from its latest phase of drilling at the Hamersley Iron project in the Pilbara region of Western Australia. The Hamersley project is located in the Tom Price Region of the Pilbara, […]
Goldphyre to commence drilling at Lake Wells project
/in Uncategorized /by Wally GrahamTHE BOURSE WHISPERER: Goldphyre Resources has advised the Australian Securities Commission that RC and AC drilling is to commence next week on the Axford prospect at the Lake Wells project, 160 kilometres north-north east of Laverton, Western Australia. The combined drilling program proposed is 76 holes for 3,200 metres. Lake Wells-Yamarna Region showing Goldphyre […]
Cuesta Coal completes exploration drilling at Amberley
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Cuesta Coal has reported completion of its resource expansion drilling program at the company’s 100 per cent-owned Amberley project located in the Clarence-Moreton Basin in Queensland. Fourteen open holes and three cored holes were completed for 2,040 metres of drilling. All holes have been geophysically logged, surveyed and rehabilitation work is underway. […]
High-grade gold hits at Tandarra
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Gold and base metals exploration company Navarre Minerals has reported multiple zones of high-grade gold mineralisation between 20.1m and 49.2m down-hole in diamond drill hole DDT001 at the Tandarra prospect, part of the Bendigo North Project, located 40 kilometres north of Bendigo, Victoria, Australia. Initial results from DDT001 recorded the following […]